I have written these notes specifically for O level students in accordance with the syllabus of Cambridge O Level Accounting (7707). I have tried to make them concise and to the point and each topic includes bunch of examples prepared by myself to equip students with better understanding of the topic. Moreover, there are some past paper questions as well after each major topic to give students an idea of type of questions they will be tested in their exams. I thank to Almighty ALLAH for blessing me with countless resources and opportunities. I am grateful to my family as well for supporting me in all aspects of life.

Syed Ameer Raza Kazmi

(ACCA-Kaplan Financial London)